News
Start-Up Seeks to Strengthen Site Selection Through Big Data
A website that launched earlier this week promises that it will bring “the next evolution in retail site selection.”
A10 Capital Funds Refinancing of 2 MOBs
Two medical office buildings from Austin’s metro have been refinanced through a $4.6 million bridge loan. The commercial mortgage has been funded by A10 Capital, is secured by the two Class B buildings, and provided leverage of approximately 65 percent.
City Council Approves $126M Redevelopment
Last week, the Cincinnati City Council unanimously approved a development agreement between the city and RBM Development, a company owned by Medpace Inc. founder and CEO Dr. August Troendle, that will result in a $126 million investment at the medical research company’s Madisonville campus.
Architects Plan 5,000-SF Expansion of Minneapolis’ Walker Art Center
HGA Architects and Dutch-based firm Inside Outside are planning a massive overhaul of the Walker Art Center in Minneapolis, The Architect’s Newspaper reports.
Lennar San Antonio Opens Briar Meadows Community in New Braunfels
East of IH-35, between Engel Road and Solms Road, in historic German town New Braunfels, is located one of the newest Lennar communities, Briar Meadows; a model home was recently announced open.
After Delays, Home2 Suites Nears Construction
Liberty Township is getting a new extended-stay hotel. Crestpoint Companies, a Mason-based developer, will start work on the project in the first week of June. The hotel is expected to cost $9 million.
Tire Discounters To Move HQ To Downtown Cincinnati
Tire Discounters, one of the nation’s largest independent providers of tires, is the latest company to relocate its headquarters to downtown Cincinnati. The move is expected to take place this summer. It is part of the retailer’s accelerated growth strategy.
Gradual Return?
(value of manufacturers’ new orders; not seasonally adjusted; $ in millions)
Generating Growth
(employed and unemployed persons by occupation; not seasonally adjusted; numbers in thousands)